Business news

Business

How can EU battery regulations help improve global sustainability governance in other sectors?

In a new paper, researchers explain how EU battery regulations can help lay the groundwork for a widely shared evidentiary system for global sustainability governance.

Internet

Some of Meta's safety tools were 'designed to fail': Witness

A former employee testified Wednesday that some of Meta's safety tools for Facebook and Instagram were "designed to fail," contradicting the company's defense strategy in a landmark trial in California.

Business

Meta hooked children and misled the public: Prosecutors

Meta hooked and exploited children, a federal court heard Tuesday in the trial of the social media giant on charges that it deliberately made Instagram and Facebook addictive to young users.

Business

China's Baidu, betting on AI, posts fifth straight quarterly revenue drop

Baidu posted a fifth straight drop in quarterly revenue on Tuesday as the Chinese tech giant expressed confidence in its transition to artificial intelligence services to drive long-term growth.

Business

AI creates new jobs in over half of UK firms: Study

Artificial intelligence has created new jobs in more than half of UK firms, according to a study by British bank Lloyds released Tuesday, even as fears about its impact on employment grow.

Business

Twitch sparks gamers' wrath with Amazon AI sharing deal

Livestream gaming giant Twitch has raised hackles among its millions of users after declaring it will share their data with its parent company, Amazon, to better train the online retailer's AI models.

Business

French newspapers target Google over AI summaries

A federation of nearly 300 French newspapers said Tuesday that it filed a complaint with the country's competition authority over Google's new AI-generated search-result summaries, fearing the feature will erode traffic to ...

Internet

EU tells Meta, TikTok to boost monitoring, fact-checking

The EU's tech chief called on Meta and TikTok to "act decisively" to stem disinformation at times of crisis, saying the European Commission held talks with both platforms Friday following last week's Ceuta migrant surge.

Business

Apple and OpenAI escalate legal battle over devices

A legal battle between Apple and OpenAI over the ChatGPT maker's secretive device project escalated this week when the artificial intelligence (AI) developer called the iPhone maker's allegations "baseless" and asked for ...

Business

Will companies ever be run by an AI CEO?

OpenAI's CEO Sam Altman has speculated about how long it will take for artificial intelligence to replace senior leadership teams in organizations. "Shame on me," Altman told the Conversations with Tyler podcast in November ...

Business

Google rolls back new satellite image AI tool after backlash

Google rolled back a new feature Friday allowing Google Earth users to generate AI visualizations on top of the service's satellite imagery, following a furious backlash from researchers and open-source intelligence experts ...

Business

Rethinking how AI supports investment decisions

Artificial intelligence (AI) is rapidly transforming modern finance, powering applications ranging from stock market forecasting to investment advice. But does making more accurate predictions necessarily lead to better investment ...

Business

Boom or bubble: How long can the AI investment craze last?

The staggering investments in artificial intelligence keep coming: Last week, AI chip giant Nvidia announced it would invest $100 billion to help OpenAI, the frontrunner in generative AI, build data centers.

Business

Using AI to identify sketchy massage parlors

Human trafficking rings are at their most dangerous when they masquerade as legitimate commercial activity. Illicit massage businesses (IMBs) are one of the most common ways in which exploitive networks operate in plain sight.

Business

Dutch warning over 'annoying' chatbots

Dutch authorities told companies and organizations on Thursday they should not rely solely on chatbots to communicate with consumers, describing their use as "one of the biggest annoyances" customers face.

Business

Dynamic database addresses vanadium supply flow

Scientists at PSI have created a dynamic database for vanadium, an important raw material. This metal has enormous potential for the energy transition. Vanadium redox flow batteries (VRFB) can store electricity for longer ...

Business

Meta to use AI chats to personalize ads, content

Meta will begin using people's conversations with its artificial intelligence chatbot to tailor the ads and content they see on Facebook and Instagram, the social media giant announced Wednesday.

Business

China launches visa to attract foreign tech talent

China kicked off Wednesday a new visa program aimed at attracting foreign talent in science and technology, part of ongoing efforts to position itself as a world leader in those sectors ahead of the United States.

Business

Amazon adds AI muscle to connected home lineup

Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence capabilities designed to make interactions with AI more frequent and natural.